Public Utility – Thinking Port

Measure amending PSA to boost FDI – analysts

February 29, 2020 admin Edcel Lagman, fdi, Foreign Direct Investments, hb 78, house bill 78, Joey Salceda, psa, public service, public service act, Public Utility, sunday business

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Sat, 29 Feb 2020 16:20:28 +0000

PROPOSED amendments to the 84-year-old Public Service Act (PSA) would boost job-generating foreign direct investments (FDI) in the country, but regulators must ensure these would be properly implemented, analysts say. This comes after some lawmakers have criticized the planned amendments, raising concerns that once passed, these would allow foreign companies to fully own certain public […]

Manila News Philippines

No security breach seen from public utility bill

February 28, 2020 admin congress diaries, house bill 78, Joey Salceda, public service, public service act, Public Utility, Top Business, top business news

Credit to Author: Tyrone Jasper C. Piad| Date: Fri, 28 Feb 2020 17:09:17 +0000

ALBAY Second District Rep. Jose Maria Clemente “Joey” Salceda assured the public that the country’s security would not be compromised despite the expected easing of restrictions on foreign ownership of certain businesses, including those in telecommunications and transportation, should his bill amending the 84-year-old Public Service Act (PSA) is enacted. On the sidelines of The […]